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EIA Expects Renewables' Growth to Slow

Country will be a Net Exporter of Energy in 2020

Fossil fuels—primarily natural gas—will dominate the energy sector over the next 50 years, while renewables—mainly solar and wind power— will continue their upward trajectory before leveling off mid-century, according to the U.S Energy Information Administration (EIA).

At EIA’s Annual Energy Outlook released Jan. 24, EIA Administrator Linda Capuano said 2020 will mark the first time in nearly 70 years that the United States will be a net exporter of energy. This shift is a result of now well-established trends, Capuano said, which include the prevalence of cheap natural gas, the increase in liquified natural gas exports, and booming production of crude oil and other petroleum products. “The U.S. has become the largest producer of crude oil in the world, and growth in domestic oil, natural gas and renewable energy production is quickly establishing the United States as a strong global energy producer for the foreseeable future,” she said.

Events

On March 21, 2019, hundreds of your colleagues will gather at Pier Sixty at Chelsea Piers in New York City for ENR's 54th Annual Award of Excellence Black-Tie Gala. Just like past events, in 2019 you will have the opportunity to network with more than 1,000 construction leaders and make critical connections, while joining us to celebrate the Top 25 Newsmakers for their achievements in 2018 and be inspired by the Award of Excellence Winner.